PROACTIS Holdings PLC Director/PDMR Shareholding (6714R)

TIDMPHD

RNS Number : 6714R

PROACTIS Holdings PLC

04 March 2019

Proactis Holdings PLC

Directors Shareholding

Proactis Holdings PLC ("PROACTIS", the "Group" or the "Company"), the global spend management and B2B eCommerce solution provider, was notified on 1 March 2019 that on that date Tim Sykes (Chief Executive Officer) purchased 25,000 ordinary shares of 10 pence each in the Company ("Ordinary Shares").

Following the above transaction, Mr Sykes shareholding has increased to 357,736 Ordinary Shares, representing 0.38% of the Company's issued share capital.

The below notification, made in accordance with the requirements of the EU Market Abuse Regulation, provides further detail on the transaction.

For further information, please contact:

 
 PROACTIS Holdings PLC                  Via finnCap or 
                                         investorcontact@proactis.com 
 Tim Sykes, Chief Executive Officer 
 finnCap Limited 
  Corporate Finance 
  Stuart Andrews, Carl Holmes, Emily 
  Watts                                 0207 220 0500 
 
   ECM 
   Andrew Burdis, Richard Chambers

Notes to Editors:

Proactis creates, sells and maintains software and services which enable organisations to streamline, control and monitor all indirect expenditure. Its solutions are used in approximately 1,000 buying organisations around the world from the commercial, public and not-for-profit sectors.

Proactis is head quartered in London and floated on the AIM market of the London Stock Exchange in June 2006.

 
 1.   Details of the person discharging managerial responsibilities/person 
       closely associated 
 a)   Name:                                        Tim Sykes 
     -------------------------------------------  ---------------------------- 
 2.   Reason for the notification 
     ------------------------------------------------------------------------- 
 a)   Position/status:                             Chief Executive Officer 
     -------------------------------------------  ---------------------------- 
 b)   Initial notification/Amendment:              Initial notification 
     -------------------------------------------  ---------------------------- 
 3.   Details of the issuer, emission allowance market participant, 
       auction platform, auctioneer or auction monitor 
     ------------------------------------------------------------------------- 
 a)   Name:                                        PROACTIS Holdings PLC 
     -------------------------------------------  ---------------------------- 
 b)   LEI:                                         213800NX05KK2YWNRJ1 
     -------------------------------------------  ---------------------------- 
 4.   Details of the transaction(s): section to be repeated for (i) 
       each type of instrument; (ii) each type of transaction; (iii) 
       each date; and (iv) each place where transactions have been conducted 
     ------------------------------------------------------------------------- 
 a)   Description of the financial instrument,     Ordinary shares of 10 pence 
       type of instrument:                          each 
       Identification code:                         GB00B13GSS58 
     -------------------------------------------  ---------------------------- 
 b)   Nature of the transaction:                   Purchase of Ordinary Shares 
     -------------------------------------------  ---------------------------- 
 c)   Price(s) and volume(s):                        Price(s)      Volume(s) 
                                                      38.5 pence    25,000 
                                                                   ---------- 
     -------------------------------------------  ---------------------------- 
 d)   Aggregated information:                      Single transaction as in 4 
        *    Aggregated volume:                     c) above 
 
 
        *    Price: 
     -------------------------------------------  ---------------------------- 
 e)   Date of the transaction:                     1 March 2019 
     -------------------------------------------  ---------------------------- 
 f)   Place of the transaction:                    AIM, London Stock Exchange 
                                                    (XLON) 
     -------------------------------------------  ----------------------------

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

END

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